Announcement Date: 2022-11-28
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: C3 Metals Inc.
Project name: Bellas Gate
Location: Jamaica
Commodities: Gold,Silver,Copper
Highlight: Drilling results incl. 142m at 0.35% Cu, 0.08g/t Au, 2.00g/t Ag, from 403m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario–(Newsfile Corp. – November 28, 2022) – C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) (“C3 Metals” or the “Company”) is pleased to announce it has intersected multiple zones of high-level porphyry and epithermal style copper-gold-silver mineralization at its 100% owned Bellas Gate Project in Jamaica. Two holes were drilled to test a large coincident magnetic and IP chargeability anomaly at the Camel Hill target that is contiguous with the Connors Porphyry target, where the Company recently reported intersecting 309.0m at 0.44% copper and 0.33g/t gold (see press release dated September 12, 2022). Both drill holes at Camel Hill intersected copper-gold-silver porphyry mineralization within 10.0 and 6.0 metres from surface, respectively. Intense biotite and magnetite alteration, as well as a large magnetic and chargeability anomaly, suggest significant depth potential. The mineralization tested to date is predominantly hosted by volcanics and is interpreted to be high in the porphyry system.
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